Grab2Go AS (OTSE:GRB2G) Gross Margin % : 0.00% (As of Jun. 2023)

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What is Grab2Go AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Grab2Go AS's Gross Profit for the six months ended in Jun. 2023 was €-0.00 Mil. Grab2Go AS's Revenue for the six months ended in Jun. 2023 was €0.00 Mil. Therefore, Grab2Go AS's Gross Margin % for the quarter that ended in Jun. 2023 was 0.00%.

The historical rank and industry rank for Grab2Go AS's Gross Margin % or its related term are showing as below:

OTSE:GRB2G' s Gross Margin % Range Over the Past 10 Years
Min: 55.56 Med: 55.56 Max: 77.78
Current: 77.78

During the past 2 years, the highest Gross Margin % of Grab2Go AS was 77.78%. The lowest was 55.56%. And the median was 55.56%.

OTSE:GRB2G's Gross Margin % is ranked better than
98.98% of 2942 companies
in the Industrial Products industry
Industry Median: 26.485 vs OTSE:GRB2G: 77.78

Grab2Go AS had a gross margin of % for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Grab2Go AS was 0.00% per year.

Grab2Go AS Gross Margin % Historical Data

The historical data trend for Grab2Go AS's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Grab2Go AS Gross Margin % Chart

Grab2Go AS Annual Data

Trend

Dec21

Dec22

Gross Margin %

55.56

Grab2Go AS Semi-Annual Data
	Jun22	Dec22	Jun23
Gross Margin %	-	88.89	-

Competitive Comparison of Grab2Go AS's Gross Margin %

For the Business Equipment & Supplies subindustry, Grab2Go AS's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Grab2Go AS's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Grab2Go AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Grab2Go AS's Gross Margin % falls into.

Grab2Go AS Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Grab2Go AS's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	0	/	0.009
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.009 - 0.004)	/	0.009
	=	55.56 %

Grab2Go AS's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	-0	/	0
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0 - 0.001)	/	0
	=	%

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Grab2Go AS (OTSE:GRB2G) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Grab2Go AS had a gross margin of % for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Grab2Go AS Gross Margin % Related Terms

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Grab2Go AS (OTSE:GRB2G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grab2Go AS (OTSE:GRB2G) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veskiposti tn 2-1002, Harju maakond, Tallinn, EST, 10138

Website

https://www.grab2go.eu

Grab2Go AS develops and manufactures autonomous, unmanned and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings and a better consumer experience in the operation of convenience stores, pharmacies and other similar points of sale. The company has developed a completely unique Cloud Platform to remotely manage and operate Its Autonomous Stores in Real-Time. Grab2Go earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments) and software development.

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